Data published by the Office for National Statistics (ONS) showed that the general situation in the industrial sector improved for May in UK. Manufacturing production grew to + 8.4% on a monthly basis in May, against expectations of -20.9% and -24.4% in April, while total industrial output grew by + …
Read More »Market Drivers – US Session: Focus Shifts Back to US Jobs Data
On Wednesday, the US Dollar edged slightly higher, continuing its rebound from last week’s mul…
Stock Markets Defy Tariff Jitters as Nvidia Soars and Fed Eyes Rate Cut
US stock markets climbed on July 9, 2025, despite President Donald Trump’s new tariff announcements …
Trump’s Tariff Threat Sparks Copper Price Boom
US copper prices hit an all-time high of $5.73773 per pound following President Trump’s announcement…
FOMC Minutes: Fed Poised for Rate Cut as Tariffs Loom
The Federal Open Market Committee’s June 2025 minutes reveal a consensus among most Federal Reserve …
FOMC Minutes point to lower inflation ahead
A few officials at the Federal Reserve’s June 17-18 meeting expressed the view that interest r…
Red Sea Tensions Propel WTI Crude Oil Prices Despite Surprise Inventory Surge Per EIA
West Texas Intermediate (WTI) Crude Oil climbed to $68.65 per barrel on July 9, 2025, gaining 0.47% …
Trump Escalates Global Trade Shake-Up with New Tariffs on Seven Countries
President Donald Trump intensified his aggressive trade policy on Wednesday, announcing a fresh wave…
US Dollar Rises Amid Tariff Escalation Ahead of FOMC Minutes
The U.S. Dollar Index (DXY) held steady at 97.64, up 1.5% from its July 1 low of 96.38, after peakin…
Bitcoin Holds at $108,873 Amid Tariff Concerns and ETF Boom
On Wednesday, Bitcoin stabilized at $108,873, down 0.07% after failing to sustain a breakout above $…
Wall Street Poised for Higher Open Despite Trump’s Tariff Moves and Trade Tensions
Wall Street was set for a higher open on Wednesday as investors largely brushed off President Donald…
Market Analysis
July, 2020
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14 July 2020 12:27 pm
China’s Imports Rise For First Time Since The Pandemic
China’s imports rose in June for the first time since the pandemic. Demand for goods rose on the government stimulus while exports also increased in a sign the recovery is gaining strength. Customs data showed on Tuesday that China’s imports increased by 2.7% in June compared to last year, market …
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14 July 2020 11:50 am
US Dollar Index Near 96.60 Ahead of CPI
DXY is struggling to find direction in the 96.60 region, affected by the increase in the number of Corona cases and risk appetite. The US dollar index, which measures the strength of the greenback versus a basket of currencies, was moving around 96.60 in the European morning. The index attempts …
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14 July 2020 11:32 am
China is Expected to Recover in Q2
The Chinese economy is likely to return to recovery and record modest growth in Q2 after the contraction with the end of lockdown and the announcement of more stimulus, according to a Reuters poll. China is expected to post 2.5% growth in April-June compared to last year, posting a 6.8% …
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14 July 2020 11:21 am
Nikkei Slightly Lower
Japanese stocks closed the Asian session with a slight decline as the Nikkei 225 recorded a decline of 0.87% to 22,587.01.The highest level reached during the trading session was 22,677.02, while the lowest were 22,538.78. Meanwhile, the broader TOPIX index registered a decline of 0.50% or 7.87 towards 1,565.15.
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14 July 2020 10:42 am
FX Option Expiries for July 14 NY cut
FX option expiries for July 14 NY cut at 10:00 Eastern Time, via DTCC, can be found below. – EUR/USD: EUR amounts 1.1300 2.1bn1.1320 949m1.1325 1.1bn1.1350 1.1bn1.1400 615m – GBP/USD: GBP amounts 1.2500 257m1.2640 249m – USD/JPY: USD amounts 106.50 412m106.75 605m – NZD/USD: NZD amounts 0.6480 248m
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14 July 2020 10:41 am
British GDP Less Than Expected
UK GDP in May posted less than analysts’ expectations as data released by the Office for National Statistics on Tuesday showed that British gross domestic product rose1.8% in May, compared to a contraction of 20.3% in April. Analysts had expected the UK economy to grow by 5.5% in May. The …
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14 July 2020 2:19 am
US Shale Oil Production Expected to Decline
The US Energy Information Administration (EIA) is expecting a steep decline in the production of shale oil in the United States by 56,000 barrels per day (bpd) to around 7.49 million bpd next month. This would be the lowest of US shale oil production since August 2017. The next OPEC+ …
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14 July 2020 1:16 am
Wall Street Mixed at Close
The New York Stock Exchange (NYSE) indices showed a varied performance on Monday, as the Nasdaq and S&P 500 closed lower with some of Wall Street biggest tech names registering losses. The Dow Jones Industrial Average was able to close on marginal gains, rising by by 10.50 or 0.04%, at …
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14 July 2020 12:38 am
Oil Settles Lower by 1%
Oil prices declined on Monday as the rising number of COVID-19 cases are leading to concerns regarding demand recovery. Brent crude futures settled higher by 1.2% at $42.72 per barrel, while the US benchmark crude oil, West Texas Intermediate (WTI), futures closed down by 1.1% to $40.10 per barrel. An …
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13 July 2020 11:40 pm
Gold Resumes Gains at Monday’s Close
Gold prices rose on Monday after posting two consecutive declines, during which it was able to maintain the $1,800 level. Although the yellow metal did not yet restore its highest level in nine years, where it closed last Wednesday, gold futures for August delivery increased by $12.20, or 0.7%, and …
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13 July 2020 11:29 pm
Euro Surges Across the Board
The Euro (EUR) has surged against major currencies during Monday’s trading, supported by the decline of the US Dollar (USD). A highly anticipated meeting for the European Central Bank (ECB) is set to take place on Thursday, while on Friday the European Union Leaders will discuss the COVID-19 crisis stimulus …
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13 July 2020 9:53 pm
USD Weakens Against Major Currencies
The US Dollar (USD) is showing a weak performance during the first session of the week, despite the lack of major economic data. The United States continues to hold the highest number of coronavirus disease (COVID-19) cases worldwide, with multiple record-high daily surges in recent weeks. The Dollar Index (DXY), …
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